Purchasing a home from abroad as a SA Citizen - easy process?

ichocolate

Senior Member
Joined
Oct 17, 2011
Messages
677
There is a home which is going to be auctioned off by the bank because of missed bond repayments.
It belongs to family, and i was given a suggestion to consider buying it for the sake of "having a roof over the head" still.
How does a person go about doing this.
 
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zerocool2009

Executive Member
Joined
Sep 4, 2009
Messages
8,832
There is a home which is going to be auctioned off by the bank because of missed bond repayments.
It belongs to family, and i was given a suggestion to consider buying it for the sake of "having a roof over the head" still.
How does a person go about doing this.

You can approach the bank before the auction (or before it goes)... saying you are serious. They might consider it.
 
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